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文章基本信息

  • 标题:A Consistent Relaxation of the Consumption Invariant Rate in the Discounted-Utility Model
  • 本地全文:下载
  • 作者:Mehraj Bin Yasaar Parouty ; Sipke Visser ; Maarten Jacobus Postma
  • 期刊名称:Theoretical Economics Letters
  • 印刷版ISSN:2162-2078
  • 电子版ISSN:2162-2086
  • 出版年度:2013
  • 卷号:3
  • 期号:5A
  • 页码:6-13
  • DOI:10.4236/tel.2013.35A1002
  • 出版社:Scientific Research Publishing
  • 摘要:The main theoretical contribution of this paper is a mechanical result that relates growth rates across n commodities. We examplify through a 2-commodity economy of health and money where the results of current health economic theory are confirmed using this technology. The applications are, however, broad; both with regards to spacial discount rates by making relevant assumptions about interpersonal/international comparability and to sustainable growth by envisioning scenarios for the future.
  • 关键词:Matrix Algebra; Discount Rate; Health-Economics
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